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IMF, WB: Path to recovery risky

2009-06-09 13:49 BJT

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Special Report: Global Financial Crisis |

The International Monetary Fund and World Bank say the path to global economic recovery is rife with risks. And they say policymakers should avoid runaway inflation and other pitfalls that could derail the process.

Dominique Strauss-Kahn, Managing Director, International Monetary Fund (IMF), speaks at the International Economic Forum of the Americas conference in Montreal, June 8, 2009. REUTERS/Christinne Muschi(CANADA BUSINESS POLITICS) 
Dominique Strauss-Kahn, Managing Director, International 
Monetary Fund (IMF), speaks at the International Economic 
Forum of the Americas conference in Montreal, June 8, 2009.
REUTERS/Christinne Muschi(CANADA BUSINESS POLITICS)
 

IMF president Strauss Kahn has also maintained his forecast for a global economic recovery in early 2010. But he warns the biggest risk is countries taking too long to cleanse toxic assets from their banking systems.

He also notes that China's economic status is better than expected, and that China can help the world get through the current financial crisis.

Editor: Xiong Qu | Source: CCTV.com